Lloyds Banking Group has poached Coutts Veteran Franklin Asante to strengthen its private banking team. Mr Asante joins Lloyds as head of entrepreneurs at its Mayfair office following more than 18 years at private bank Coutts.
Lloyds
Commercial finance broker Bryant & Bell has appointed former Lloyds Banking Group director, George Grierson to its team, as it marks £10m milestone in its first year. The Edinburgh headquartered firm was launched by Cameron Bryant and Jack Bell last year following more than a decade o
Aberdeen Investments will take a £200 million hit at two of its infrastructure funds following the collapse of UK broadband provider Airband. The firm said its Standard Core Infrastructure II SCSp Fund and Aberdeen Standard Core Infrastructure III SCSp Fund were impacted by the administration.
Politicians have written to the chief executives at every major bank in the UK, demanding explanations regarding their restrictive policies toward cryptocurrency and digital asset firms.
Lloyds Banking Group has reported a 23% rise in statutory half-year profit before tax to £4.3 billion as it benefited from higher total income and controlled costs. The result was above an average analyst forecast of £4.12bn and the bank’s £3.5bn profit in the same period &zw
Lloyds Banking Group is expanding its use of artificial intelligence across fraud prevention, combining agentic AI with real-time scam detection to protect its 28 million customers. The Bank of Scotland-owner's AI fraud agent was developed by fraud, technology, data and risk specialists using Envoy,
Nearly half a million Lloyds Banking Group customers were affected by a significant technical failure earlier this month, with the bank now making compensation payments to thousands of those impacted.
New findings from Bank of Scotland’s Business Barometer show that AI is helping Scottish firms work more efficiently and unlock new opportunities for growth. Scottish businesses integrating AI into their operations are reporting significant financial benefits, with 96% seeing increased product
Bank of Scotland-owner Lloyds Banking Group is set to overhaul its employee performance management, a move that places thousands of staff at risk of dismissal.
